Hyderabad-based engineering and construction firm Bondada Engineering Limited has received a letter of intent (LOI) for a large power storage project in Gujarat. The client is Gujarat Industries Power Company Limited (GIPCL).
Project details
- Size: 20 MW / 120 MWh
- Technology: vanadium redox flow battery
- Site: GIPCL's 165 MW gas-based power plant complex in Vadodara
- Scope: engineering, procurement and construction, plus 10 years of operation and maintenance
The project must be finished within 18 months of the final notice of award. The contract value was not disclosed. Bondada says it will be India's largest grid-scale vanadium flow battery storage system.
Chairman and MD Dr Bondada Raghavendra Rao called the project an important step in the company's move into advanced energy storage. India aims to reach about 236 GWh of battery storage by 2030.
